Novus Holdings Ltd
Novus Holdings Limited engages in the printing production and manufacturing operations in South Africa. It operates through Print, Education, Packing, and Other segments. The Print segment engages in printing of books, magazines, retail inserts, and newspapers for fast-moving consumer goods (FMCG) sector. The Education segment develops educational content for various institutions, including gover… Read more
Novus Holdings Ltd (NVS) - Net Assets
Latest net assets as of September 2025: ZAC2.34 Billion ZAC
Based on the latest financial reports, Novus Holdings Ltd (NVS) has net assets worth ZAC2.34 Billion ZAC as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (ZAC3.96 Billion) and total liabilities (ZAC1.61 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ZAC2.34 Billion |
| % of Total Assets | 59.2% |
| Annual Growth Rate | 2.6% |
| 5-Year Change | 10.03% |
| 10-Year Change | -13.95% |
| Growth Volatility | 9.96 |
Novus Holdings Ltd - Net Assets Trend (2013–2025)
This chart illustrates how Novus Holdings Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Novus Holdings Ltd (2013–2025)
The table below shows the annual net assets of Novus Holdings Ltd from 2013 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | ZAC2.43 Billion | +8.16% |
| 2024-03-31 | ZAC2.25 Billion | +1.31% |
| 2023-03-31 | ZAC2.22 Billion | +5.65% |
| 2022-03-31 | ZAC2.10 Billion | -4.96% |
| 2021-03-31 | ZAC2.21 Billion | -3.28% |
| 2020-03-31 | ZAC2.28 Billion | -14.63% |
| 2019-03-31 | ZAC2.67 Billion | -4.20% |
| 2018-03-31 | ZAC2.79 Billion | -3.18% |
| 2017-03-31 | ZAC2.88 Billion | +2.12% |
| 2016-03-31 | ZAC2.82 Billion | +9.97% |
| 2015-03-31 | ZAC2.57 Billion | +16.32% |
| 2014-03-31 | ZAC2.21 Billion | +23.57% |
| 2013-03-31 | ZAC1.79 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Novus Holdings Ltd's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 3.8% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ZAC2.35 Billion | 97.38% |
| Common Stock | ZAC485.71 Million | 20.12% |
| Total Equity | ZAC2.41 Billion | 100.00% |
Novus Holdings Ltd Competitors by Market Cap
The table below lists competitors of Novus Holdings Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Matachewan Consolidated Mines Limited
PINK:MWCAF
|
$959.26K |
|
Frontier Transport Holdings Ltd
JSE:FTH
|
$959.28K |
|
MODERN LAND (CHINA) DL-01
F:7PJ
|
$959.30K |
|
Weizmann Limited
NSE:WEIZMANIND
|
$959.76K |
|
Cowell Development Tbk
JK:COWL
|
$959.03K |
|
Danske Invest - Europa Indeks BNP
CO:DKIEUIXBNP
|
$958.28K |
|
PetroFrontier Corp
PINK:PFRRF
|
$958.11K |
|
Luduson G Inc
OTCQB:LDSN
|
$957.89K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Novus Holdings Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 2,211,749,000 to 2,414,377,000, a change of 202,628,000 (9.2%).
- Net income of 347,971,000 contributed positively to equity growth.
- Dividend payments of 157,034,000 reduced retained earnings.
- Other comprehensive income decreased equity by 17,493,000.
- Other factors increased equity by 29,184,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ZAC347.97 Million | +14.41% |
| Dividends Paid | ZAC157.03 Million | -6.5% |
| Other Comprehensive Income | ZAC-17.49 Million | -0.72% |
| Other Changes | ZAC29.18 Million | +1.21% |
| Total Change | ZAC- | 9.16% |
Book Value vs Market Value Analysis
This analysis compares Novus Holdings Ltd's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 74.38x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 93.97x to 74.38x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-03-31 | ZAC5.64 | ZAC530.00 | x |
| 2014-03-31 | ZAC6.95 | ZAC530.00 | x |
| 2015-03-31 | ZAC8.40 | ZAC530.00 | x |
| 2016-03-31 | ZAC8.83 | ZAC530.00 | x |
| 2017-03-31 | ZAC9.02 | ZAC530.00 | x |
| 2018-03-31 | ZAC8.72 | ZAC530.00 | x |
| 2019-03-31 | ZAC8.78 | ZAC530.00 | x |
| 2020-03-31 | ZAC7.93 | ZAC530.00 | x |
| 2021-03-31 | ZAC7.68 | ZAC530.00 | x |
| 2022-03-31 | ZAC6.88 | ZAC530.00 | x |
| 2023-03-31 | ZAC6.77 | ZAC530.00 | x |
| 2024-03-31 | ZAC6.94 | ZAC530.00 | x |
| 2025-03-31 | ZAC7.13 | ZAC530.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Novus Holdings Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 14.41%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.24%
- • Asset Turnover: 1.06x
- • Equity Multiplier: 1.66x
- Recent ROE (14.41%) is above the historical average (7.91%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 20.71% | 9.51% | 1.20x | 1.81x | ZAC181.17 Million |
| 2014 | 18.90% | 9.93% | 1.26x | 1.52x | ZAC185.58 Million |
| 2015 | 13.20% | 7.86% | 1.21x | 1.39x | ZAC81.28 Million |
| 2016 | 15.79% | 10.68% | 1.13x | 1.31x | ZAC163.50 Million |
| 2017 | 8.91% | 6.02% | 1.19x | 1.25x | ZAC-31.46 Million |
| 2018 | 2.53% | 1.63% | 1.14x | 1.35x | ZAC-208.29 Million |
| 2019 | 6.43% | 3.96% | 1.16x | 1.39x | ZAC-95.46 Million |
| 2020 | -15.09% | -8.37% | 1.40x | 1.29x | ZAC-571.93 Million |
| 2021 | -1.09% | -0.85% | 1.03x | 1.24x | ZAC-244.74 Million |
| 2022 | 4.42% | 3.08% | 1.16x | 1.24x | ZAC-117.00 Million |
| 2023 | 2.79% | 1.90% | 0.94x | 1.57x | ZAC-156.40 Million |
| 2024 | 10.94% | 6.10% | 1.20x | 1.49x | ZAC20.73 Million |
| 2025 | 14.41% | 8.24% | 1.06x | 1.66x | ZAC106.53 Million |
Industry Comparison
This section compares Novus Holdings Ltd's net assets metrics with peer companies in the Specialty Business Services industry.
Industry Context
- Industry: Specialty Business Services
- Average net assets among peers: $923,766,500
- Average return on equity (ROE) among peers: 8.38%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Novus Holdings Ltd (NVS) | ZAC2.34 Billion | 20.71% | 0.69x | $959.18K |
| CA Sales Holdings Ltd. (CAA) | $2.17 Billion | 16.77% | 0.88x | $3.75 Million |
| Metrofile (MFL) | $-327.36 Million | 0.00% | 0.00x | $724.70K |